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PostPosted: Fri Apr 21, 2017 11:28 pm
 


Coach85 wrote:
It's not "full stop"

You're guessing at what the problem is. You're ignoring supply, population growth, etc.

We need actual data to make an informed decision. What's happened here is typical electioneering from the government.


I'm not ignoring those other factors but those are more difficult to address directly. Excessive speculation is clearly not in anyone's best interest and it should be reigned in regardless.

Who says we don't have data? There's plenty of data. We've had all talk no action for too long - everyone wanting yet another round of consultations, more studies and more paralysis by analysis, truly the Canadian way. It's been studied to death. Time to get off our asses and actually do something.


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PostPosted: Sat Apr 22, 2017 4:00 am
 


Lemmy wrote:

That means we're back to getting rid of real estate agencies as the most logical first step to stabilizing prices.


While I agree with most of your logic this step sounds more like a personal peave than a solution. The real estate agents exist through supply and demand economics. There is a demand for the service as most people do not wnat the hassle of selling their homes on their own. There are now patial steps to generate a cost saving like Seller Direct. The numbers selling on their own or using the discount services are very few. Seller and consumer demand for the service is what keeps the agents employed.

As for the agents the 80:20 rule comes into play as most only dabble in it as a stop gap between regular employment. The turnover is huge.

A high housing market tends to export their problem to other areas. When oil was driving housing proces to rapid increases in Alberta smaller communities and the province of Saskatchewan were blaming retiring Albertans for invading the market and driving prices up. Saskatoon recorded som preety big anual increases for awhile. Now that oil is donw the job losses have cured the house price issue.

Toronto can cure its price issues with a recession too. Take the demand out of the system and prices will fall.


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PostPosted: Sat Apr 22, 2017 10:28 am
 


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Last edited by Lemmy on Wed May 03, 2017 7:06 am, edited 1 time in total.

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PostPosted: Sat Apr 22, 2017 5:02 pm
 


BeaverFever wrote:
Coach85 wrote:
It's not "full stop"

You're guessing at what the problem is. You're ignoring supply, population growth, etc.

We need actual data to make an informed decision. What's happened here is typical electioneering from the government.


I'm not ignoring those other factors but those are more difficult to address directly. Excessive speculation is clearly not in anyone's best interest and it should be reigned in regardless.

Who says we don't have data? There's plenty of data. We've had all talk no action for too long - everyone wanting yet another round of consultations, more studies and more paralysis by analysis, truly the Canadian way. It's been studied to death. Time to get off our asses and actually do something.


As mentioned above, 'excessive' is just an issue you're dealing with personally. You don't like speculation therefore, you see it as a moral problem that needs to be addressed.

If there's data, where is it? The Wynne government based their recent policy change on a survey done in 2016. No hard data. No hard facts. They did something for the sake of doing something which is not how to make policy or run the government.

You've done what the government has done. Jumped in with an opinion not based on fact, but based on a moral issue. The Liberals jumped in because it's an election issue.

We’re in the dark when it comes to our housing market
Read this about the actual data: http://www.macleans.ca/economy/economic ... dark-here/

The Wynne government flies blindly into the housing bubble
http://www.macleans.ca/politics/the-wyn ... ng-bubble/


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